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Current Petrol and Diesel Prices in India - March 26, 2026

On March 26, 2026, petrol prices in India remain unchanged despite global crude oil market volatility. While standard fuel prices are stable, premium petrol rates have seen a slight increase. Factors such as international crude prices, exchange rates, and local taxes significantly influence fuel pricing. This article provides an overview of current petrol and diesel prices in major cities and discusses the potential impact of global developments on future pricing trends.
 

Fuel Prices Remain Stable Amid Global Oil Market Fluctuations


As of March 26, 2026, petrol prices across India have not changed, despite ongoing volatility in the global crude oil market due to geopolitical tensions in West Asia. Oil marketing companies (OMCs) adjust fuel prices daily at 6 AM to reflect changes in global crude oil prices and currency exchange rates. To protect consumers from abrupt price hikes, retail petrol and diesel prices have been kept stable, even as international crude oil prices remain high.


This week, Brent crude oil briefly surpassed $115 per barrel before slightly declining, amid indications of potential easing in geopolitical tensions. The conflict involving Iran, Israel, and the United States has raised concerns about possible disruptions in oil shipments through the Strait of Hormuz, a vital route that accounts for nearly 20% of the world's oil supply.


Current Petrol and Diesel Prices in Major Cities (March 26, 2026)


City Petrol (Rs/litre) Diesel (Rs/litre)
New Delhi 94.72 87.62
Mumbai 104.21 92.15
Kolkata 103.94 90.76
Chennai 100.75 92.34
Ahmedabad 94.49 90.17
Bengaluru 102.92 89.02
Hyderabad 107.46 95.7
Jaipur 104.72 90.21
Lucknow 94.69 87.8
Pune 104.04 90.57
Chandigarh 94.3 82.45
Indore 106.48 91.88
Patna 105.58 93.8
Surat 95 89
Nashik 95.5 89.5


Increase in Premium Petrol Prices


While standard petrol prices remain unchanged, there has been an increase in the prices of premium petrol variants, such as XP95 and Power petrol, by approximately Rs 2 to Rs 2.3 per litre. At select locations, the price of Indian Oil Corporation’s XP95 has reached around Rs 101.80 per litre, with similar price hikes noted for premium fuels from Hindustan Petroleum Corporation Limited.


Factors Influencing Fuel Prices


Several factors influence fuel pricing in India, with global crude oil prices being the primary determinant, as crude serves as the essential raw material. Additionally, fluctuations in exchange rates are significant since India imports a substantial portion of its oil; a weaker rupee can lead to increased costs. Central excise duties and state-level VAT also play a crucial role in determining retail prices, resulting in variations across different cities. Refining costs and the dynamics of supply and demand further affect pricing trends. Despite the current global volatility, Indian authorities have indicated that fuel prices are likely to remain stable in the near future, helping to mitigate inflationary pressures. For now, petrol prices remain steady, but global developments suggest that changes could occur swiftly in the coming days.